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Jul 14, 2011
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rupert murdoch withdrew the bid for bskyb on wednesday. that was amid the scandal at newscorp international. it must have been a tough one for him. >> reporter: oh, yeah, completely. we were all told he was desperate to get his hands on the remaining shares, 60% of sky that he didn't own. and it will be a bitter climbdown for him. one he was facing the reality that in the political climate that was developing where all the main parties were opposed to that takeover going ahead. it was just kind of unrealistic for them to pursue that right now. not saying perhaps they don't come back and have another go at it in six month's time. in terms of what will happen today, there's momentous developments today as well. right now is the deadline, we're told, fora bekaa brooks, the embattle embattled chief international to respond before a committee of politicians on wednesday. we're told 9:20 is the latest she could respond. after that who knows what will happen after that. theoretically she could be forced to attend by the sergeant at arms' office w
rupert murdoch withdrew the bid for bskyb on wednesday. that was amid the scandal at newscorp international. it must have been a tough one for him. >> reporter: oh, yeah, completely. we were all told he was desperate to get his hands on the remaining shares, 60% of sky that he didn't own. and it will be a bitter climbdown for him. one he was facing the reality that in the political climate that was developing where all the main parties were opposed to that takeover going ahead. it was...
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Jul 23, 2011
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, and james murdoch disputes it, but if the lawyer is accurate it shows that james murdoch knew there was other criminal wrong doing in 2008, and failed to report it to the police, and he also settled a case with a crime victim that came with a con ffidentiality clause, and he could have been buying silence, which in this country is an illegal act, and that's why i referred it to the police. >> what happened here? there was an e-mail from one reporter to another about illegal hacking going on that mr. murdoch apparently knew about, or at least the other officers said he did know about, and he sat in front of you and said he did not know about it? is that it in a nutshell? >> yeah, there was a voice message trance scribed that had been illegally hacked and he sent it to another journalists and the journalism got the documentation through court disclosure and at that point the lawyer and the editor of the paper go to murdoch and say we think we should settle the case, and here is a e-mail saying others were aware of hacking into the can company, and what do you want to do? he signed off
, and james murdoch disputes it, but if the lawyer is accurate it shows that james murdoch knew there was other criminal wrong doing in 2008, and failed to report it to the police, and he also settled a case with a crime victim that came with a con ffidentiality clause, and he could have been buying silence, which in this country is an illegal act, and that's why i referred it to the police. >> what happened here? there was an e-mail from one reporter to another about illegal hacking...
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Jul 11, 2011
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meanwhile murdoch's takeover of b sky b is in the spotlight with calls for the deal to be stopped. but according to today's independent newspaper, the payment may be, quote, dead in the water. pauline. >> charles, as you might expect, many of the 200 or so former "news of the world" employees are less than impressed with the way they've been treat bud they did get the last laugh when the paper came out. it had several parting shots presumably aim at their bosses and this happened in the crossword puzzle. readers were treated to clues such as criminal enterprise and string of recordings as well as woman stairs wildly at calamity which seems to be thinly vailed at their boss, former ed kerr, rebecca brooks. it includes disaster, menace, deplo deplored, and bracket. the ironic part about this is the "news of the world" bosses apparently did anticipate the staff loosing the paper might pull something of the stunt using the pages in the paper so they called in some senior editorial figures from its sister paper "the sun," but apparently they just don't do the crossword puzzle. >> it wou
meanwhile murdoch's takeover of b sky b is in the spotlight with calls for the deal to be stopped. but according to today's independent newspaper, the payment may be, quote, dead in the water. pauline. >> charles, as you might expect, many of the 200 or so former "news of the world" employees are less than impressed with the way they've been treat bud they did get the last laugh when the paper came out. it had several parting shots presumably aim at their bosses and this...
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Jul 7, 2011
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james murdoch is the chairman. it is clear now that he personally, without board approval, authorized money to be paid by his company to silence people who had been hacked. and to cover-up criminal behavior in his organization. this is nothing short of an attempt to pervert the course of justice. >> reporter: murdoch's news international denies any cover-up. and in a statement, it says, it welcomes the call for a public inquiry. the atmosphere down here at westminster can only be described as febrile. rebecca brooks remains in her post. but her friendships with the likes of tony blair and david cameron is on the real strain, as the true scale of phone hacking becomes apparent. dan rivers, cnn, london. >> as we said, advertisers are trying to distance themselves now from the scandal. let's look a few of the names. ford was the first company to announce it was suspending advertising in the paper and taking its business elsewhere. that opened the floodgates. and many more companies have followed suit. virgin holidays
james murdoch is the chairman. it is clear now that he personally, without board approval, authorized money to be paid by his company to silence people who had been hacked. and to cover-up criminal behavior in his organization. this is nothing short of an attempt to pervert the course of justice. >> reporter: murdoch's news international denies any cover-up. and in a statement, it says, it welcomes the call for a public inquiry. the atmosphere down here at westminster can only be...
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Jul 20, 2011
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let's first talk about rupert murdoch and what he had to say. yesterday he said it was the most humble day of his life. it seems overnight he's written to news corp. staff explaining the situation to them as well. >> reporter: he did. he wrote a letter to staff basically explaining what he said yesterday at the hearing and also making it clear that he was appalled at these phone hacking allegations. one of the things he said in the letter was he has imbued the corporation with an audacious spirit, but this sort of behavior should not be tolerated. he also laid out some of the steps the company is taking to address the issue including setting up an independent standards and management committee. one of the things he also said was that he was sorry for the hurt that was caused, and we have taken responsibility. that's what it says in the letter to employees. of course, one of the things that he said in his hearing yesterday was very -- put very bluntly to him by mp tom watson who asked him if he took ultimate responsibility for this whole fiasco.
let's first talk about rupert murdoch and what he had to say. yesterday he said it was the most humble day of his life. it seems overnight he's written to news corp. staff explaining the situation to them as well. >> reporter: he did. he wrote a letter to staff basically explaining what he said yesterday at the hearing and also making it clear that he was appalled at these phone hacking allegations. one of the things he said in the letter was he has imbued the corporation with an...
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Jul 22, 2011
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murdoch is standing by it. a statement from news corp says james murdoch stands by his testimony to the select committee. >>> it seems that it may spread to the u.s. operations. nbc news is reporting that the u.s. justice department is investigating allegations that news corp has been hacking into the computers. the case ended when news corp bought the rival's assets for almost $13 million and now australia years regulators. news corp is a part owner of fox tell. they say the decision has nothing to do with the hacking scandal in brittain. >> and while we're on the subject of resignations. britain's prince andrew stepping down at the britain's special representative for international trade. he's been acting as official envoy for more than ten years and during that time he's been facing blistering criticism. he announced the news in his annual review. he said, quote, i have decided that the label i gave myself when i began this role as speshlg representative has served its purpose and is no longer necessary to t
murdoch is standing by it. a statement from news corp says james murdoch stands by his testimony to the select committee. >>> it seems that it may spread to the u.s. operations. nbc news is reporting that the u.s. justice department is investigating allegations that news corp has been hacking into the computers. the case ended when news corp bought the rival's assets for almost $13 million and now australia years regulators. news corp is a part owner of fox tell. they say the decision...
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Jul 19, 2011
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in addition to rupert murdoch being in the hot seat, james murdoch will be there and rebekah brooks, former "news of the world" editor and chief sbekive of news international. she of course was arrested sunday and released without charge in connection with the phone hacking and she could be limited in what she has to say because of the ongoing police investigations, nina. >> atika, we've had the death of sean hall, former "news of the world" employee who was also a crucial whistle-blower her and two top coppers in the land departing as a result. it's the questioning very serious now. >> reporter: is getting serious and with the death of sean hohrer, unexplained but not considered suspicious at this time but he was the one who pointed the finger at andy coulson and david cameron, not only did andy coulson will phone hacking, but he actively encouraged the phone hacking. this threatens the murdoch media empire but really also downing street, that prime minister cameron himself is now taking this very seriously. he is coming back early from south africa today to attend a special day of
in addition to rupert murdoch being in the hot seat, james murdoch will be there and rebekah brooks, former "news of the world" editor and chief sbekive of news international. she of course was arrested sunday and released without charge in connection with the phone hacking and she could be limited in what she has to say because of the ongoing police investigations, nina. >> atika, we've had the death of sean hall, former "news of the world" employee who was also a...
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murdoch is a very astute player. many say that his move by closing the "news of the world" is bold and brave. >> louise, i will have to interrupt you there for a moment, i'm afraid. woe just got the prime minister, david cameron, just about to address newsmenme mennewsmen. let's listen in. >> families who lost loved ones, sometimes defending our country, that these people could have had their phones hacked into in order to generate stories for a newspaper is simply disgusting. i cannot think what was going through the minds of the people who did this. that they can hack into anyone's phone is disgraceful. but to hack into the phone of millie dowder, a young kirl missing from her parents who was later found to be murdered, is truly despicable. but this scandal is not just about some journalists on one newspaper. it's not even just about the press. it's also about the police, and, yes, it's about how politics works and about politicians, too. i want to be very frank about how, as a country, we should deal with this. pe
murdoch is a very astute player. many say that his move by closing the "news of the world" is bold and brave. >> louise, i will have to interrupt you there for a moment, i'm afraid. woe just got the prime minister, david cameron, just about to address newsmenme mennewsmen. let's listen in. >> families who lost loved ones, sometimes defending our country, that these people could have had their phones hacked into in order to generate stories for a newspaper is simply...
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Jul 13, 2011
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on the other side of the atlantic, murdoch's news corporation is under scrutiny as well. u.s. senator john rockefeller has called for an investigation to find out if the media group has broken any american laws. he has raised concerns that 9/11 victims and other americans may have been targeted by british tabloid phone hackers. nina? >> pauline, of course, the phone hacking scandal has rocked investors confidence and faith in news corporation itself. this is a media group that has lost almost $7 billion in its market capitalization over just the last five trading sessions as these allegations have emerged hour after hour and day after day. on tuesday, rupert murdoch himself, his company announced a plan to buy back an extra $3.2 billion in its own shares, bringing its buyback to a total of $5 billion which is a huge amount, pauline. then again, it's also a huge amount, the money being taken off the stock price of news corp and also bskyb, the british broadcaster whose remaining stake it's trying to buy as well. >> analysts see this buyback as a way for news corp to give its sh
on the other side of the atlantic, murdoch's news corporation is under scrutiny as well. u.s. senator john rockefeller has called for an investigation to find out if the media group has broken any american laws. he has raised concerns that 9/11 victims and other americans may have been targeted by british tabloid phone hackers. nina? >> pauline, of course, the phone hacking scandal has rocked investors confidence and faith in news corporation itself. this is a media group that has lost...
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Jul 12, 2011
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murdoch. >> reporter: murdoch ignored calls from politicians earlier on monday to rethink the whole plan. >> i would say look how people feel about this, look how the country has reacted with revulsion to the revelations so do the decent and sensible thing and reconsider. think again about your bid for bskyb. >> reporter: taking full control of bskyb is a top priority for murdoch and newscorp, it now has 10 million british households signed up, paying on average $800 a year. that chunk of revenue could now be in jeopardy. >> bskyb is going to grow its revenues between 35% and 40% and it will throw off a lot of cash and it's a very secure business. >> reporter: with the closing of the 168-year-old "news of the world" sunday newspaper murdoch's news international now has three, not four british newspapers. will that be enough to satisfy the competition authorities that with bskyb, murdoch won't control too much of the media in britain or will the phone hacking scam make the deal too hot to handle? >> it schemes bskyb shareholders aren't thrilled to be associated with the phone hacking alle
murdoch. >> reporter: murdoch ignored calls from politicians earlier on monday to rethink the whole plan. >> i would say look how people feel about this, look how the country has reacted with revulsion to the revelations so do the decent and sensible thing and reconsider. think again about your bid for bskyb. >> reporter: taking full control of bskyb is a top priority for murdoch and newscorp, it now has 10 million british households signed up, paying on average $800 a year....
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Jul 18, 2011
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shareholder of the murdoch-controlled company fell sharply as the fallout continues from the phone-hacking scandal that has shut down the "news of the world" tabloid. the controversy has reached the highest levels of the london police force. this is the metropolitan commissioner. he resigned on sunday with his ties with neil wallace who was arrested last week. stevenson insists that he's done nothing wrong. >> as commissioner, i carry umt mat responsibility. with hindsight i wish we had -- i didn't and that's that. i do believe, though, that on its own, this would not be a matter that comes to my position as commissioner, however, the issue of my integrity is different. let me state clearly i and the people who know me know that my integrity is completely intact. i may wish we had done something differently but i will not lose any sleep over my personal integrity. >> well, in his resignation announcement, stephenson also drew attention. the editor of the guardian newspaper explains. >> there is an interesting paragraph in his statement where he seems to lob a hand grenade on number 10 down
shareholder of the murdoch-controlled company fell sharply as the fallout continues from the phone-hacking scandal that has shut down the "news of the world" tabloid. the controversy has reached the highest levels of the london police force. this is the metropolitan commissioner. he resigned on sunday with his ties with neil wallace who was arrested last week. stevenson insists that he's done nothing wrong. >> as commissioner, i carry umt mat responsibility. with hindsight i...
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all of this comes as murdoch's own news corporation aims to take over british sky broadcasting. discussions on that have been going on for months. there's also been widespread opposition to that planned takeover. and just yesterday reacting to fresh allegations, the former deputy prime minister lord prescott began calling for the takeover to be blocked. john prescott himself is one of many politicians to have his phone hacked alongside numerous celebrities, stars and aides to the british royal family. as dan rivers reports, even though phone hacking revelations are nothing new, it dates back further than many realized. >> the murder of the 13-year-old schoolgirl milly doward in 2002 appalled britain. last month her killer, lev levi belfield was finally convicted. this is now come up with another inquiry, phone hacking. the scandal relates to the illegal tabloid practice of accessing cell phone messages left for celebrities in order to get stories. now it seems milly dowler's phone was also hacked after she had gone missing. journalists deleted messages from concerned friends and
all of this comes as murdoch's own news corporation aims to take over british sky broadcasting. discussions on that have been going on for months. there's also been widespread opposition to that planned takeover. and just yesterday reacting to fresh allegations, the former deputy prime minister lord prescott began calling for the takeover to be blocked. john prescott himself is one of many politicians to have his phone hacked alongside numerous celebrities, stars and aides to the british royal...
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Jul 21, 2011
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"the guardian" says james murdoch appears to have given misleading testimony to a parliamentary committee on tuesday. murdoch testified that a victim of his company's phone hacking was given about $400,000 in a secret settlement. but the paper says the payment was nearly $700,000. the total paid to keep the case out of court was $1.6 million. >>> wells fargo has been hit with a regard $85 million fine. the federal reserve says the bank pushed home buyers into expensive, risky mortgages and falsified loan applications. in agreeing to pay the fine, wells fargo did not admit wrongdoing. >>> japan's economy is recovering from the earthquake and tsunami that hit in march. a trade surface of nearly $1 billion, in june. the first in three months. that comes despite a year on year in exports. a year that japan had its second-greatest trade deficit ever. >>> as sales on devices like the ipad soar, there's been increasing speculation that the age of the p.c. or personal computer may soon be over. no one has told the chipmaker, intel, that, which is celebrating its record earnings today. we'll have
"the guardian" says james murdoch appears to have given misleading testimony to a parliamentary committee on tuesday. murdoch testified that a victim of his company's phone hacking was given about $400,000 in a secret settlement. but the paper says the payment was nearly $700,000. the total paid to keep the case out of court was $1.6 million. >>> wells fargo has been hit with a regard $85 million fine. the federal reserve says the bank pushed home buyers into expensive, risky...